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A Quantitative Risk Assessment Model Has All of the Following

Question 307

Multiple Choice

A quantitative risk assessment model has all of the following advantages except:


A) Accommodating a large number of risk factors in the assessment.
B) Providing documentation for the chief audit executive, who must defend the long-range audit plan.
C) Providing a systematic method of applying weightings to risks and priorities.
D) Removing the need for judgment on the part of the chief audit executive.

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